# Non-durum wheat prices in Canada decline in almost all provinces in February compared to January; oat prices fall, canola prices decline, soybean prices rise, slaughter cattle prices rise, feeder cattle prices rise: Statistics Canada

> Statistics Canada reported February provincial farm prices, showing non-durum wheat and oat prices mostly declined from January while soybean, slaughter cattle and feeder cattle prices rose. Year-over-year, wheat prices were supported by strong exports but pressured by larger production.

- Date: 2023-04-11 · published 2023-04-11T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/36453-non-durum-wheat-prices-in-canada-decline-in-almost-all-provinces-in-february
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Oats](https://feedsoft.ai/c/OATS.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

This is a backward-looking government price report, so it mainly confirms recent trends: softer grain and oat prices and firmer soybean and cattle prices.

## Read by commodity

- SOY: bullish ▲
- OATS: bearish ▼
- WHEAT: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-02-04 | [FAO Food Price Index continues to decline in January 2023 \| PotatoPro](https://feedsoft.ai/events/12880-fao-food-price-index-continues-to-decline-in-january-2023-potatopro.md) | +2.9% | -4.5% |
| WHEAT | 2023-03-02 | [Global food prices decline further in January](https://feedsoft.ai/events/12653-global-food-prices-decline-further-in-january.md) | -2.0% | +5.1% |
| WHEAT | 2023-06-29 | [Wheat prices fell again by 2.2-4.8% on the background of increased acreage in Canada](https://feedsoft.ai/events/35514-wheat-prices-fell-again-by-2-2-4-8-on-the-background-of-increased-acreage-in.md) | -8.3% | -8.2% |
| WHEAT | 2023-09-29 | [It’s been a bad quarter for corn, soybean and wheat prices](https://feedsoft.ai/events/34143-it-s-been-a-bad-quarter-for-corn-soybean-and-wheat-prices.md) | -4.7% | -2.2% |
| WHEAT | 2024-02-02 | [FAO Food Price Index down again in January led by lower wheat and maize prices](https://feedsoft.ai/events/7200-fao-food-price-index-down-again-in-january-led-by-lower-wheat-and-maize-prices.md) | -1.6% | -8.9% |
| OATS | 2025-08-28 | [Canada wheat, barley production down, canola and oats up, according to StatsCan survey \| MarketScreener](https://feedsoft.ai/events/23369-canada-wheat-barley-production-down-canola-and-oats-up-according-to-statscan.md) | -3.0% | +2.1% |
| OATS | 2019-06-26 | [StatsCan: Less canola and durum, more barley and oats - AgCanada](https://feedsoft.ai/events/58643-statscan-less-canola-and-durum-more-barley-and-oats-agcanada.md) | +5.0% | -2.5% |
| OATS | 2023-10-24 | [Rolled higher up: Taking stock of Canadian oats - Statistics Canada](https://feedsoft.ai/events/33702-rolled-higher-up-taking-stock-of-canadian-oats-statistics-canada.md) | +4.7% | -9.9% |

## Sources

- industryintel.com: https://www.industryintel.com/news/non-durum-wheat-prices-in-canada-decline-in-almost-all-provinces-in-february-compared-to-january-oat-prices-fall-canola-prices-decline-soybean-prices-rise-slaughter-cattle-prices-rise-feeder-cattle-prices-rise-statistics-canada-158818103040

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
